Manager - Internal Audit Consulting

EY; New Delhi; On-site; INR 2,800,000 - 4,000,000; Full time

Job summary

EY in India seeks a Manager - Risk Consulting to lead Internal Audit and Financial reporting engagements for insurance clients in Mumbai and Delhi. The role involves end-to-end audit execution, risk assessment, and driving enhancements across client processes.

The ideal candidate holds CA/CIA/CFA with 5+ years of experience in Internal Audit within the insurance sector, delivering high-quality, timely services while ensuring adherence to SOX/ICFR standards and client requirements.

Qualifications

• Chartered Accountant / CIA / CFA qualification required.

Responsibilities

• Execute financial planning and analysis, internal audit and other risk consulting engagements for insurance companies and/or asset managers and/or reviewing close reporting process for insurance companies.
• Perform end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/ actions with management.
• Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements.
• Have a detailed understanding of: End to end financial reporting process including reviewing balance sheet, profit and loss and financial closure process, performing Financial planning and budgeting, building scenario-based planning models across business functions and detailed variance analysis.
• Preparation of management reports, providing insights on revenue drivers, cost trends etc.
• Working closely with various business functions to understand operational levers and financial impact.
• Intercompany adjustments/reconciliations and consolidation of financial statements.
• Have an in-depth understanding of the asset management industry risks/ issues / trends and end-to-end investment process (front, mid and back office processes) for all asset classes including fixed income, equities, derivatives, real estate, private equity/ hedge funds and alternatives.
• Deliver / manage engagements to time, cost and high quality.
• Identify key areas of improvement in the client's business processes and add value by preparing insightful recommendations.
• Contribute to business development activities such as preparing proposals, lead identification.
• Always comply with the firms quality and risk management policies.

Skills

Internal Audit

Financial Reporting

Education

Chartered Accountant / CIA / CFA

Job description

Job Summary

The opportunity: Manager - Risk Consulting - Internal Audit - Insurance - Mumbai/ Delhi

Your key responsibilities

• Execute financial planning and analysis, internal audit and other risk consulting engagements for insurance companies and/or asset managers and/or reviewing close reporting process for insurance companies.
• Perform end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/ actions with management.
• Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements.
• Have a detailed understanding of: End to end financial reporting process including reviewing balance sheet, profit and loss and financial closure process, performing Financial planning and budgeting, building scenario-based planning models across business functions and detailed variance analysis.
• Preparation of management reports, providing insights on revenue drivers, cost trends etc.
• Working closely with various business functions to understand operational levers and financial impact.
• Intercompany adjustments/reconciliations and consolidation of financial statements.
• Have an in-depth understanding of the asset management industry risks/ issues / trends and end-to-end investment process (front, mid and back office processes) for all asset classes including fixed income, equities, derivatives, real estate, private equity/ hedge funds and alternatives.
• Deliver / manage engagements to time, cost and high quality.
• Identify key areas of improvement in the client's business processes and add value by preparing insightful recommendations.
• Contribute to business development activities such as preparing proposals, lead identification.
• Always comply with the firms quality and risk management policies.

Qualifications

• Chartered Accountant/ CIA/ CFA

Experience

• Manager 5+ years experience in Internal Audit/ Financial reporting within Insurance sector

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.